Member`s Advantage

Member’s Advantage
A Quarterly Publication from CORE Credit Union
Summer 2010
In this Issue
2% Loan Rate Promotion.................... p1
Select Credit.......................................... p1
Teen Checking/Credit Seminar............ p1
Small Business Spotlight...................... p2
Annual Meeting Information............... p2
New Branch Hours................................ p2
Privacy Notice Information.................. p2
Financial Facts as of
5/31/2010
Assets......................... $44,494,975
Loans......................... $36,708,192
Shares........................ $40,286,149
Members.............................. 7,269
Office Closings
Monday – July 5, 2010
Independence Day
Monday – September 6, 2010
Labor Day
Go GREEN
with e-statements
Help protect the
environment with
CORE’s convenient,
safe, and secure
e-statements.
To sign up, go to
online banking
then click on
e-statements.
Refinance your Auto or RV loan to
CORE. We want to drop your
interest rate by at least 2% and
save you up to $1,109 over the
life of your loan.**
CORE members can now refinance their auto/RV/bike loans to CORE and we will
reduce your rate by 2%. This promotion is only for a limited time and the
lowest rate CORE will offer is 3.9% APR* and your new loan term will mirror your
existing term with your current lender. To qualify for this money saving promotion
and lower your monthly payments, contact a Lending Services Department employee
at (912) 764-9846 / 877-267-2673.
*APR=Annual Percentage Rate. Subject to credit approval & Credit Union membership.
**Average savings amount of $1,109 based on a $20,000 loan for 60 months refinanced at CORE CU 4.49%.
Offer excludes current CORE loans & other restrictions apply.
Select Credit!!!
When using your Visa Check Card
Visa Check Card transactions can be done in a number of ways: sign your receipt, pay online, over the
phone, or enter your PIN. But all not all Check Card transactions are processed the same way. When
you select “CREDIT” you receive a higher level of protection, safety, and convenience that you don’t
receive when you enter your 4 digit pin#. Even though all Check Card transactions clear through your
checking account, there are some important advantages you receive when you select “CREDIT”.
Protection: When you purchase merchandise at a retail store, you receive the benefits of the item being
protected by Visa. For example, if the product is faulty and the merchant will not honor the return, you
have the option to possibly dispute the item through what is known as a charge-back.
Safety: When you select “CREDIT” and sign for your purchases the transaction is routed through
the Visa network. This gives you all the security of the Visa network and your 4 digit PIN # is not
stored on a merchant’s terminals or servers when you select “CREDIT”. Of equal importance, when
your transaction goes through the Visa network, Visa monitors your account 24 hours a day to help
prevent, detect, and resolve fraud on your Check Card. With Visa’s Zero Liability Policy, you are not
responsible for unauthorized purchases when you select “CREDIT”. This level of protection does
not occur when you select “Debit” and complete a PIN# based transaction.
Convenience: Selecting “CREDIT” is also more convenient as it is faster and helps speed up the
checkout line. Some merchants now don’t even require a signature if the transaction amount is
under $25. Remember, there are no fees for selecting “CREDIT”, but you receive all of the
safety and protections of the Visa network with Zero liability if unauthorized transaction occur
on your account.
Teen Checking / Credit Starter Seminar
– – July 29 th 6:00 pm / July 31 st 10:00 am – –
CORE’s Teen Checking / Credit Starter Seminar is a great way to start educating your 15 – 19 year old about the correct
way to manage money and their credit. CORE is offering identical seminars on Thursday July 29th and Saturday July
31st designed to prepare our youth to enter the financial world. These 90 minute seminars are designed for both
parents and teens to gain valuable, life long insight. In depth training will be provided on how to open, balance, and
maintain a checking account. In addition, information on how to write a check, endorse
a check, record transactions, and monitor a checking account online will be provided.
Do you have a financial planning, investment,
The second half of each 90 minute session will be focused on starting to build credit
and the benefits of maintaining a good credit score. Parents and teens will learn about the
pitfalls of predatory creditors as well as important information consumers need to know
about how to protect their credit score. There is no fee to attend and please RSVP before
July 26th by calling (912) 764-9846 or by sending an email to seminars@corecu.org.
or retirement question and need some help?
Then contact Justin, a licensed financial
advisor of CFS. His services are available to
all CORE Credit Union members.
You can reach him at (912) 764-9846 ext. 1914
Small Business Spotlight
– Statesboro Yamaha–
Several Small Businesses have recently chosen CORE
to do their commercial financial transactions. As a result,
CORE is choosing a different business each quarter to
feature in our small business spotlight section. For the
third quarter of 2010, our featured business account holder is Statesboro Yamaha. They sell new and preowned Dirt Bikes,
ATV’s, Side-by-sides,
and Cruising
Motorcycles.
In law
addition,
service department
On October
3, 2008 legislation
was
signed into
that their
the amount
of
can work on almost
all
makes
and
models
of
equipment.
If
you
are
looking
to
purchase
a motorcycle or all
share insurance coverage from the National Credit Union Administration
terrain vehicle,
have justtothe
vehicle foron
you.
Their new
location
is 22815 Highway
beStatesboro
increasedYamaha
from may
$100,000
$250,000
member
share
accounts.
80 East in Statesboro.
Contact
Doug
Brown
at
(912)
764-RIDE
to
get
pricing
on
their
inventory
of new and
This includes all account types such as regular share, share draft, money
used vehicles.
market, and certificates of deposit. Individual Retirement Account and
NCUA Insurance Increased to $250,000
Deposits in this Credit Union are
$250,000
insured to at least $100,000
Keogh account coverage remains unchanged at up to $250,000 separate
Bobby Durden, co-owner of Statesboro Yamaha, enjoys having their businesses account with CORE
from other types of accounts owned. This temporary increase will
because of the outstanding service they received when purchasing their new location. He states that
remain in place until December 31, 2009.
“CORE made the transaction very quick and easy for the business, they were in constant communication
with us throughout the entire process and their financing terms were the best in the area.” If you are
interested in switching your small business account to CORE, contact us at (912) 764-9846.
2 GreatMeeting
Seminars Information
in January
35th Annual
At CORE Credit Union, we’re committed to helping our members make
On June 22nd,
Credit decisions
Union celebrated
another anniversary
with well
the completion
good the
financial
and protecting
their financial
being. Inof the 35th
Annual Meeting.
CORE
members
were
informed
about
the
growth
and
safety
of
Credit Union. In
January of 2009, we have two great seminars lined up for ourthe
Credit
addition, many
informative
reports
given by Public.
the Board of Directors and various committees. Other
Union
members
and were
the General
newsworthy events were the retirement of Slade Helmly after over a decade of service on the CORE Board
of Directors. We thank Slade for his volunteerism and leadership in
helping the Credit Union develop during his tenure. The board seat
will be replaced by John Tucker who has been an Advisory Board
member of CORE for the last year. Attendees of the annual meeting
Thursday
Saturday
January
10:00AM
were January
also treated22
to 6:30PM
a wonderful&
speech
by Sonny
Dixon of24
WTOC.
Introduction to Online Banking and Billpay
If you are interested in using Online Banking/Billpay and want to learn more about
John Tucker
features of this product, then you will enjoy this seminar.
During the seminar you will find out why this very
convenient
product has
so popular
over the
NEW
HOURS
ATbecome
CORE
BRANCH
LOCATIONS
last five years. This 60 minute seminar will show
you1st,
just2010
howallconvenient
and safe
is to do
your
Effective July
CORE locations
will itremain
open
until 6pm on Monday, Tuesday, Thursday,
and the
paybranch
your bills
online.
In Main
addition,
and Friday.banking
In the past,
locations
at the
Street Village and at Brooklet have closed at
we will
hands
on training
and
step
5pm. However,
all give
three you
CORE
locations
will now
have
thebyfollowing hours:
step information in order to do account inquiries,
transfers,
pay your
bills Thursday,
online. These
two
9am
– 6pm and
Monday,
Tuesday,
Friday
9am – 1pm Wednesday
identical seminars will be taught by Lisa Smith,
COREDrive
Credit
Union’s
Systems
The Main Office
Thru
on Main
Street isOperator.
open til 6pm on all weekdays and from 8:30am to Noon
Slade Helmly
the safety
on Saturdays.
Privacy Notice Disclosure
CORE Credit Union, your member owned financial institution, is committed to providing you with competitive products and services to meet your
financial needs and help you reach your goals. We are equally committed to protecting the privacy of our members. Under federal law, we are required
to give you this privacy notice. It describes our Credit Union’s privacy policy and practices concerning the personal information we collect and
disclose about our members. It also includes information about the parties who receive personal and nonpublic information from us as we conduct
the business of the Credit Union.
If, after reading this notice you have questions, please contact us at: (877) 267-2673 or (912) 764-9846.
Dr. Credit
Thomas
willGAbe
conducting a seminar on Identity Theft
Or write to: CORE
Union Buckhoff,
PO Box 1987 CPA
Statesboro,
30459
Identity Theft Prevention
Monday January 26 6:30PM & Saturday January 31 10:00AM
prevention that is available to all CORE members and the general public. Dr.
Information Accounting
We Collect Aboutand
You is also a Certified Fraud
Buckhoff is an expert in Forensic
We collect nonpublic personal information about you from the following sources:
Examiner with extensive knowledge on Identity Theft. The 90 minute seminar
• Information we receive from you on applications and other forms
will provide information on the leading
• Information about your transactions with us
of Identity
well as the
• Information causes
we receive from
a consumer Theft
reportingas
agency
most common
Theft
methods
• Information obtained
when verifyingIdentity
the information
you provide
on an application or other forms; this may be obtained from your current or
perpetrators
Infinancial
addition,
past employers,that
or from
other institutions are
whereusing.
you conduct
transactions
We may discloseDr.
all ofBuckhoff
the information
we collect,
as described
above, as permitted by law.
will
provide
detailed
recommendations and Parties
practical
tips
Who Receive Information From Us
consumers
need
to
know
in
order
to types of third parties:
We may disclose nonpublic personal information about you to the following
minimize
their
risks of
becoming
anservice companies, and securities broker-dealers.
• Financial service
providers, such
as insurance
companies,
mortgage
• Non-financialIdentity
companies,Theft
such as consumer
victim.reporting agencies, data processors, check/share draft printers, plastic card processors,
government agencies, and mailhouses.
Service Locations
Service
Locations
43 North Main
Street
43 North Main
Statesboro,
GA Street
30458
Statesboro, GA 30458
100 Brampton Ave, Suite 1J
100Statesboro,
Brampton Ave,
Suite 1J
GA 30458
Statesboro, GA 30458
400 Parker Avenue 500A
400
Parker
Avenue30415
500A
Brooklet
Georgia
Brooklet, Georgia 30415
764-9846
764-9846
1-877-267-2673
1-877-267-2673
764-5386 (Fax)
764-5386 (Fax)
1-800-318-1413
(Fax)
1-800-318-1413 (Fax)
ATM Locations
Main
Office
ATM
Locations
Main Street Village
Main Office
Brooklet
Crossing
Main Street
Russell
Union Village
Building
Brooklet Crossing
Russell
UnionAddress
Building (GSU)
Mailing
PO Box 1987
Statesboro, GA 30459
Mailing Address
PO Box 1987
Email Address
Statesboro,
GA 30459
core@corecu.org
Email
MainAddress
Office
core@corecu.org
Lobby Hours
M, T, Th, F 9:00 am-6:00 pm
Wednesday
9:00
am-1:00 pm
Lobby
Hours
M, T, Th, F 9:00 am - 6:00 pm
Drive Thru
Hours
Wednesday
9:00 am
- 1:00 pm
Mon-Fri 8:00 am-6:00 pm
Saturday 8:30 am-12 Noon
Main Office
Drive Thru
Hours &
Brooklet
Crossing
Mon
- FriStreet
8:00 amVillage
- 6:00 pm
Main
Saturday
8:30 am up
- 12:00
Noon
Lobby/Drive
Hours
M,T,Th,F 9:00am-5:00pm
Wednesday 9:00am-1:00pm
COREY-24 Hour Teller
Local - 764-INFO
COREY-24
Hour(4636)
Teller
Toll
Free - 1-800-511-2673
Local-764-INFO
(4636)
Toll Free-1-800-511-2673
Website
Website
www.corecu.org
www.corecu.org
Board Members
Slade Helmly
Board Members
Spencer Beckum
Jill
BoykinBeckum
Spencer
Troy Brown
Jill Boykin
Thomas Case
Troy Cook
Brown
Dan
Thomas Case
Advisory
Dan
CookBarilla
Anthony
Dotty Lanier
Lanier
Dotty
Lenwood Roberts
Lenwood Roberts
Alicia Young
John Tucker
Alicia Young
Members
Sandra Giles
Thomas Buckhoff
Disclosure of Information to Parties that Provide Services to Us
In order for us to conduct business of the Credit Union, we may disclose all of the information we collect, as described above, to other
financial institutions with whom we have joint marketing agreements, to other companies that perform marketing services on our behalf, or to nonaffiliated third parties for the purposes of processing and
servicing transactions that you request or authorize, so that we may provide members competitive products and services.
We may also disclose nonpublic personal information about you under circumstances as permitted or required by law. These disclosures typically include information to process transactions on your behalf,
conduct the operations of our Credit Union, follow your instructions as you authorize, or protect the security of our financial records.
To protect our members’
privacy,
we only work
with companies
that agree
to maintain
strong confidentiality
protections and
limit the use
of information
we provide.
do not permitAuditing
these companies to
A small
group
of CORE
Credit
Union
Members
may receive
a letter
from
CORE
CreditWeUnion’s
sell the information
we
provide
to
other
third
parties.
Firm, Nearman, Maynard, Vallez CPA’s. This letter is part of their standard auditing process. If you
Verification of Accounts being Performed
Information
about
Former Members
receive a letter from them askingDisclosure
you to ofverify
your
account,
please respond quickly. The request will not
If you terminate your
membership
with
CORE
Credit
Union,
we
will
not
share
information
we
have
collected
about
you,
except
as maythe
be permitted
or required by
law.
ask you for any account information and will only ask you to verify
information
provided
in their letter.
How weor
protect
your information
If you have any questions about providing
verifying
account information please contact a Member
We restrict accessService
to nonpublicRepresentative
personal information about
you
to
those
employees
who
need
to
know
that
information to provide products or services to you. We maintain physical, electronic, or
at (912) 764-9846 / 877-267-2673.
procedural safeguards that comply with federal regulations to guard your nonpublic personal information.